1390 35Th St Chanute, KS 66720
This exceptional 23,500 square foot mixed-use property, built in 1996, is situated on a generous 4.18-acre lot in Chanute, Kansas. Conveniently located off Highway 169 and 35th Parkway, this single-story building offers unparalleled accessibility. Currently configured as a church and daycare center, the property boasts a diverse layout ideal for a variety of uses. Features include a sanctuary, four offices, six smaller classrooms, a sizable gymnasium, a galley kitchen, and separate men's and women's restrooms. A private bathroom is also included in the main office. The building's substantial size and expansive lot provide ample room for expansion, with the potential for adding a second story. The property's versatility, prime location, and significant square footage make it an attractive investment opportunity for a wide range of businesses and organizations. The asking price is $899,000. The ownership is held by the Church of God Trustees. This is a rare opportunity to acquire a substantial property with significant potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.